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Showing 121 - 130 of 1559 results for "governance"

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024  |  NEWS
Regulators are zeroing in on anti-greenwashing measures in the asset management sector, as well as tighter regulations on artificial intelligence (AI) and digital technology, according to a KPMG report. The report said that stopping companies from making ...

MSCI launches offset rating

ROSE MARY PETRASS  |  FRIDAY, 27 SEP 2024  |  NEWS
The index provider rated thousands of projects for carbon sequestration, social impact and sound governance in a bid to increase confidence in carbon markets. MSCI Carbon Project Ratings evaluates the integrity and risks of carbon credit projects, with ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ...

Expect audit standards by Christmas

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
Climate reporting is set to become a standard part of accounting as audit standards are due for release in December, with all disclosures checked by the end of the decade. The Australian Accounting Standards Board (AASB) has finalised the standard explaining ...

Watchdog cracks down on climate reporting

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
... should begin preparing. "Large businesses and financial institutions should ensure that they implement appropriate governance arrangements and sustainability record-keeping processes ahead of the mandatory climate reporting requirements taking effect ...

Parental leave super narrows gender savings gap

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024  |  NEWS
The legislation that will see superannuation contributions paid alongside government-funded parental leave entitlements passed parliament this week. Parents receiving payments from the Commonwealth Paid Parental Leave scheme will begin receiving Superannuation ...

Investors worth $42trn target state leaders at COP29

ROSE MARY PETRASS  |  WEDNESDAY, 18 SEP 2024  |  NEWS
More than 530 investors have thrown their support behind global whole-of-government policy overhaul in an effort to reach net zero. The 2024 Global Investor Statement to Governments on the Climate Crisis letter released this week counts leading super ...

Executives urge Canberra to move faster

ROSE MARY PETRASS  |  MONDAY, 16 SEP 2024  |  NEWS
Aussie executives unanimously believe in their companies' ability to grow while reducing greenhouse gas emissions but want Canberra to move faster, according to Deloitte. The professional services firm's annual CxO Sustainability Report, which ...

HESTA urges ASX300 to heed investor concerns

ROSE MARY PETRASS  |  THURSDAY, 12 SEP 2024  |  NEWS
In a letter sent to the top listed companies in its investment portfolio, the $87 billion super fund has set out its engagement priorities ahead of the upcoming AGM season. Key areas include climate change, nature loss, gender equality and fair working ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024  |  NEWS
A joint statement from deputy leader of the opposition Sussan Ley, shadow treasurer Angus Taylor, and shadow minister for social services Michael Sukkar noted that the Coalition provided in-principal support for super on government-funded paid parental ...